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Sangam Renewables– CONSOL Q1-FY21 Net loss of Rs.67.88 lacs against loss of Rs. 5.36 lacs in Q1-FY20


Sangam Renewables- Standalone Q1-FY21 net loss reached Rs.19.95 lacs against PAT of Rs.39.65 lacs in Q1-FY20

Company : SANGAM RENEWABLES LIMITED

Sangam Renewables announced its standalone and consolidated financials for the Q1 ended on 30th June, 2020.

Following are the standalone financial figures for the Q1 ended 30th June, 2020:

-Net loss reached Rs.19.95 lacs against profit of Rs.39.65 lacs in a year ago period.

-Revenue reached Rs.1.08 crore whereas last year corresponding period it was Rs.1.52 crore.

-Loss per share stood at Rs.0.10 against EPS of Rs.0.20 in the previous year, same period.

For the year that ended on 31st March, 2020, the company earned standalone total revenue of Rs.5.08 crore against Rs.5.82 crore last year.

The company suffered annual loss of Rs.18.59 lacs in FY19-20 against PAT of Rs.30.93 lacs in FY18-19. Loss per share in FY19-20 was Rs.0.09 against EPS of 0.37 last year.

Consolidated Q1 financials at Sangam Renewables in FY2020-21 are as follows:

-Net loss reached Rs.67.88 lacs against loss of Rs.5.36 lacs in Q1-FY20.

-Revenue stood at Rs.1.46 crore while previous year same period it was Rs.2.10 crore.

-Loss per share was Rs.0.33 against loss of Rs. 0.03 per share in a year ago period.

Consolidated financials at Sangam Renewables in FY2019-20 are as follows:

-The company incurred consolidated loss of Rs.3.17 crore in FY-19-20 as compared to loss of Rs.1.91 crore in the preceding year.

-Consolidated revenue for the year was Rs.7.37 crore against Rs.7.58 crore in FY18-29.

-Loss per share in FY-19-20 reached Rs.1.54 against loss of Rs.1.86 last year.

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